HP Gets $4.8M in Incentives in Colorado

The Colorado Springs City Council has approved $4.8 million in tax rebate incentives as part of an economic development agreement with HP for a $260 million data center project, according to local media.

The company filed plans April 14 to build a 250,000 square foot two-story data center next to its three-building, 1.1 million-square-foot complex on Rockrimmon Boulevard and said its plans include a “potential two-story addition to the north that would also be for data center use.” HP already operates several older data centers at the complex.

The planned HP facility in Colorado Springs center would be the fourth major data center opened or expanded in the Springs since 2006, including a facility Verizon Wireless is building in a former semiconductor plant, a FedEx Corp. data center and a facility for Progressive Corp./Drive Group that opened in 2006.